Eldorado $500 million senior notes offering
We advised the global coordinators and joint bookrunners on the offering
Davis Polk advised the global coordinators and joint bookrunners in connection with a Rule 144A / Regulation S offering by Eldorado Intl. Finance GmbH of $500 million aggregate principal amount of its 8.500% senior notes due 2032, which are guaranteed by Eldorado Brasil Celulose S.A. (Eldorado) and Cellulose Eldorado Austria GmbH.
Based in Três Lagoas, Brazil, Eldorado is a leading producer of bleached hardwood kraft pulp and bleached eucalyptus kraft pulp and operates one of the largest single-line pulp processing plants in the world.
The Davis Polk capital markets team included partner Manuel Garciadiaz, counsel Konstantinos Papadopoulos and associate Alexandre Diniz. The tax team included counsel Dustin Plotnick and associate David J. Beer. Members of the Davis Polk team are based in the São Paulo and New York offices.